It’s obvious, but doesn’t get said much: Google is the platform. Not a platform, not a site, but THE web platform.
Excellent observations by Rich Skrenta.
“ Google has won both the online search and advertising markets. They hold a considerable technological lead, both with algorithms as well as their astonishing web-scale computing platform. Beyond this, however, network effects around their industry position and brand will prevent any competitor from capturing market share from them — even if it were possible to match their technology platform“
“Google’s next step: owning the rest of the page views on the net Just as Microsoft used their platform monopoly to push into vertical apps, expect Google to continue to push into lucrative destination verticals — shopping searches, finance, photos, mail, social media, etc. They are being haphazard about this now but will likely refine their thinking and execution over time. It’s actually not inconceivable that they could eventually own all of the destination page views too. Crazy as it sounds, it’s conceivable that they could actually end up owning the entire net, or most of what counts.“